India’s External Affairs Minister Sushma Swaraj has made it fully clear that no additional chances would be given to the NRIs or people of Indian-origin to deposit the higher currency notes, which were declared illegal after removing their legal tender under the government’s demonetization policy, according to the statement released by the External Affairs Ministry.
While speaking at the Global Organization for People of Indian Origin delegation while in New York Last week, where she went to attend the United Nations General Assembly, Sushma Swaraj said that government has allotted enough time for the NRIs to deposit old currency notes.
The members of the GOPIO had asked the Indian External Affairs minister to find a way for the NRIs to deposit their old currency notes as the Reserve Bank of India is not allowing them to deposit their money.
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On November 8 last year, Indian Prime Minister, under the demonetization policy and to curb the influx of fake notes and black money, banned the use of higher currency notes of ₹500 and ₹1000.
During the meeting, Swaraj also reportedly said that the NRIs won’t require Aadhaar Card for operate their bank accounts.
GOPIO also urged the finance minister to look for a way to extend the use of Aadhaar Card for the Indians living outside of India such as the Social Security Number of America. The group also appreciated the External Affairs Ministry as well as the Indian Missions in all parts of the world for helping the Indians living outside India.
